This form is a release of a retained vendor's lien. The lienholder has agreed to release the property from the lien of the deed of trust and discharge all right and title to the property.
Odessa Texas Release of Vendor's Lien
Category:
State:
Texas
City:
Odessa
Control #:
TX-1049
Format:
Word;
Rich Text
Instant download
Description
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How to fill out Texas Release Of Vendor's Lien?
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FAQ
If you are seeking to remove a lien from a vehicle, the lender will typically send the release of lien once the loan is paid in full. It can take up to thirty days to receive the title and the lien release after the final payment.
Add or Remove a Lien on a Vehicle To add or remove a lien on your vehicle title, visit your local county tax office. The title fee is $28 or $33, depending on your county, and must be paid at time of application. Please contact your local county tax office for the exact cost.
Visit the nearest TxDMV regional service center. Complete the Application for a Certified Copy of Title (Form VTR-34). NOTE: All recorded owners must sign the form and provide photo ID (or a copy) at time of application.
The statutes of limitation for collecting (or foreclosing) on both the vendor's lien and deed of trust is four years in Texas. If no legal action has been filed for collection on the liens for four years after the liens ma- ture, there is indication the liens have been paid.
To find a Texas release of lien form, locate the address and phone number of the county clerk's office from the internet, then go in person to ask for a copy of their Texas release of lien form.
The holder of your note (the lienholder) should supply you with its signed and notarized release of lien after you payoff the note.
Prescribed Form for Release of Lien (Form VTR-266)
A mechanic's lien release form is a document that releases and removes a mechanics lien that was previously filed on a property. The lien release form simply releases a lien that has been filed against a property. The lien release form from Texas Easy Lien, however, does not release your rights to file a lawsuit.
